ChainCatcher message, the NFT perpetual contract exchange nftperp v2 version is now open to whitelisted users. The V2 version features a newly improved NFT perpetual contract model, introducing the Fusion AMM function that combines a decentralized limit order book with AMM for optimal trading, as well as an internal oracle system for precise NFT valuation.In addition, nftperp v2 has launched an Alpha incentive program to reward community participation. However, this event is currently only open to whitelisted users.

ChainCatcher news, according to Chainwire, the NFT perpetual contract trading platform nftperp announced the completion of a $3 million Series A funding round. This round was led by 1kx, with participation from Maven 11, Mechanism Capital, and angel investors Spencer from Spencer Ventures, Gmoney, David Choi from MetaStreet, Nick Emmons from Upshot, and Jonathan Gabler from NFTfi.

ChainCatcher message, NFT perpetual futures DEX nftperp announced plans to close the v1 closed beta and will soon launch v2 simulated trading (paper trading). nftperp stated that the trading volume of the v1 closed beta reached 280,000 ETH, and the reason for closing v1 is that the AMM model is not scalable. Additionally, due to some internal errors in liquidation logic and accounting mistakes, nftperp has accumulated bad debts, so the team decided to intervene and support.nftperp stated that all users' margins (WETH) will be returned within the next hour, so no user will lose their initial collateral/margin. For all users with negative unrealized P&L, their unrealized losses will be waived. (source link)

ChainCatcher news, the Beta mainnet of the NFT perpetual contract trading platform nftperp is officially launched, and users on the private testnet whitelist can trade with real ETH, realizing actual profits and losses.According to reports, nftperp officials stated that they will first focus on the trading volume of the BAYC/ETH and PUNKS/ETH trading pairs. (source link)

ChainCatcher news, the NFT perpetual contract trading platform nftperp has completed a $1.7 million funding round at a valuation of $17 million, with participation from institutions such as Dialectic, Maven 11, Flow Ventures, DCV Capital, Gagra Ventures, AscendEX Ventures, Perridon Ventures, Caballeros Capital, Cogitent Ventures, Nothing Research, Apollo Capital, Tykhe Block Ventures, and OP Crypto. It is reported that nftperp tracks the minimum prices of NFT collections, allowing users to go long and short on NFTs. (source link)